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Forum => Kenya Discussion => Topic started by: Kadudu on May 28, 2019, 04:31:14 PM

Title: Kenya revises SGR revenue downward 44pc to Sh5.7bn from Sh10.33bn
Post by: Kadudu on May 28, 2019, 04:31:14 PM

Another article that is hidden but with dire consequences for Kenya's economy.
I pity Uhuru.

Quote

Official data released on Friday showed that SGR generated sales of Sh5.7 billion last year (previous figures disclosed in March showed the SGR generated sales of Sh10.33 billion) on the back of the cargo business.

https://www.businessdailyafrica.com/economy/Kenya-revises-SGR-revenue-downward-44pc/3946234-5134064-owsngjz/index.html

Title: Re: Kenya revises SGR revenue downward 44pc to Sh5.7bn from Sh10.33bn
Post by: RV Pundit on May 28, 2019, 05:49:53 PM

I am sure there is confusion somewhere - maybe the reporting periods. KNBS data calendar year. Kenya parastals data end on June. Most private companies annual year end around march - to give them enough time to pay corporate tax to GOK.

Title: Re: Kenya revises SGR revenue downward 44pc to Sh5.7bn from Sh10.33bn
Post by: Nefertiti on May 28, 2019, 06:58:38 PM

Hio white elephant afadhali hata free housing. Vanity is worse than foolishness.

Title: Re: Kenya revises SGR revenue downward 44pc to Sh5.7bn from Sh10.33bn
Post by: Nefertiti on May 28, 2019, 07:09:24 PM

Hii ya Ruto nafikiri hata ni black mammoth

(https://media.istockphoto.com/illustrations/elephant-in-the-room-illustration-id485901014)

Title: Re: Kenya revises SGR revenue downward 44pc to Sh5.7bn from Sh10.33bn
Post by: Nefertiti on May 28, 2019, 07:10:37 PM

SGR is a great asset